On the 1-hour chart you can see that the candle broke and
closed below my yellow trend line. I placed a market order to sell EUR/USD at
1.3922.
I placed a stop-loss order at 1.3997 which is 10 pips above
the previous high of 1.3987.
At 75 pips movement from my sell which is at 1.3847, I will
move my stop-loss to break-even.
My profit target is at 150 pips away from my sell at 1.3772.
Trade strategy: EUR/USD trade strategy link
Happy Trading!
FxTaurian
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